Cyprus: Magnetic Media Market 2020

Magnetic Media Market Size in Cyprus

The revenue of the magnetic media market in Cyprus amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, magnetic media consumption continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. Over the period under review, the magnetic media market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Magnetic Media Production in Cyprus

In value terms, magnetic media production amounted to $X in 2018 estimated in export prices. In general, magnetic media production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when production volume increased by X% year-to-year. In that year, magnetic media production attained its peak level of $X. From 2016 to 2018, magnetic media production growth remained at a somewhat lower figure.

Magnetic Media Exports

Exports from Cyprus

In 2018, approx. X kg of magnetic media, not recorded, except cards with a magnetic stripe were exported from Cyprus; lowering by -X% against the previous year. Over the period under review, magnetic media exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, magnetic media exports attained their peak figure at X tons in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

In value terms, magnetic media exports stood at $X in 2018. In general, magnetic media exports continue to indicate a drastic decline. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, magnetic media exports reached their maximum at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Singapore (X tons) represented the main exporter of magnetic media, not recorded, except cards with a magnetic stripe, committing X% of total exports. It was distantly followed by Malaysia (X tons), Japan (X tons) and China (X tons), together constituting a X% share of total exports. The following exporters - the Netherlands (X tons), the UK (X tons), Poland (X tons), Spain (X tons), France (X tons), the Czech Republic (X tons), the U.S. (X tons) and Mexico (X tons) - together made up X% of total exports.

Singapore was also the fastest-growing in terms of the magnetic media, not recorded, except cards with a magnetic stripe exports, with a CAGR of +X% from 2007 to 2018. At the same time, Poland (+X%), Malaysia (+X%), Spain (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Mexico experienced a relatively flat trend pattern. By contrast, the UK (-X%), the Netherlands (-X%), France (-X%), the U.S. (-X%), Japan (-X%) and China (-X%) illustrated a downward trend over the same period. Singapore (+X p.p.), Malaysia (+X p.p.) and Poland (+X p.p.) significantly strengthened its position in terms of the global exports, while the UK, the Netherlands, the U.S., France, China and Japan saw its share reduced by -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest magnetic media supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Singapore amounted to -X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Japan (-X% per year).

Export Prices by Country

The magnetic media export price in Cyprus stood at $X per ton in 2018, shrinking by -X% against the previous year. Over the period under review, the magnetic media export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Cyprus export price peaked at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Magnetic Media Imports

Imports into Cyprus

Magnetic media imports into Cyprus amounted to X tons in 2018, going up by X% against the previous year. Overall, magnetic media imports, however, continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, magnetic media imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, magnetic media imports amounted to $X in 2018. In general, magnetic media imports, however, continue to indicate an abrupt slump. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Cyprus imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Thailand was the major importing country with an import of about X tons, which recorded X% of total imports. China (X tons) occupied the second position in the ranking, followed by the U.S. (X tons), Singapore (X tons), the UK (X tons) and Germany (X tons). All these countries together held near X% share of total imports. The following importers - France (X tons), Italy (X tons), China, Hong Kong SAR (X tons), Malaysia (X tons), the Czech Republic (X tons) and the Netherlands (X tons) - together made up X% of total imports.

Thailand was also the fastest-growing in terms of the magnetic media, not recorded, except cards with a magnetic stripe imports, with a CAGR of +X% from 2007 to 2018. At the same time, the Czech Republic (+X%) and Malaysia (+X%) displayed positive paces of growth. By contrast, Singapore (-X%), France (-X%), China (-X%), Italy (-X%), the U.S. (-X%), Germany (-X%), the UK (-X%), China, Hong Kong SAR (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand increased by +X% percentage points, while Singapore (-X p.p.), France (-X p.p.), Italy (-X p.p.), China, Hong Kong SAR (-X p.p.), China (-X p.p.), the Netherlands (-X p.p.), Germany (-X p.p.), the U.S. (-X p.p.) and the UK (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported magnetic media, not recorded, except cards with a magnetic stripe into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value in Thailand stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

The magnetic media import price in Cyprus stood at $X per ton in 2018, surging by X% against the previous year. Over the period under review, the magnetic media import price continues to indicate prominent growth. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Cyprus import price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform